Training and technical assistance to SBA microloan borrowers and prospective borrowers

Ended Project Grant Awarded Last action

Award ID
SBAHQ22Y0034
Recipient
Awarding agency
Obligated
$655,382

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding
  • $327,691.00 Federal
  • $327,691.00 Non-federal
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Somerset, KY, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Small Business Administration (SBA) Office of Capital Access awarded a $655,382 Project Grant to Southeast Kentucky Economic Development to provide training and technical assistance to SBA Microloan borrowers and prospective borrowers. The grant period runs from July 1, 2022 to June 30, 2023. The award is being administered under the SBA's Microloan Program (CFDA #59.046), which aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to small-dollar loans and business support services. Funds will support Southeast Kentucky Economic Development's delivery of technical assistance and capacity building resources to existing and prospective microloan borrowers in Somerset, Kentucky, helping local small businesses and entrepreneurs strengthen their operations and long-term viability.

Quick answers

Who received award SBAHQ22Y0034?

SBAHQ22Y0034 was awarded to Southeast Kentucky Economic Development by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.

How much is award SBAHQ22Y0034 worth?

$655,382 has been obligated on SBAHQ22Y0034: $327,691 in federal funding and $327,691 in non-federal funding.

Which agency awarded SBAHQ22Y0034?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0034, with funding from Office of Capital Access (Small Business Administration).

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